Sell My House With a Tax Lien in 2022

In Nebraska, a tax lien is a legal claim that the state has on your property in order to collect unpaid income taxes or property taxes. If you fail to pay your taxpayer obligations, the state may place a tax lien on your personal property. This can make it difficult to sell your house in the future. 

In this blog post, we will discuss how a tax lien affects your ability to sell your house, and we will provide some tips for overcoming this obstacle. We will also provide information about the current laws regarding tax liens in Nebraska.

Nebraska tax lien laws

Nebraska Tax Lien Laws

The state of Nebraska imposes a tax lien on any property that is used to secure the payment of back taxes or unpaid taxes. The lien arises as soon as the taxes are due, and it continues to exist until the tax debt is paid in full.

Once an IRS lien is in place, it can be very difficult for homeowners to sell a house. This is because a tax lien gives the state a legal claim to your property. This means that if you try to sell your house, the state can take action to collect the unpaid taxes from the proceeds of the home sale.

In some cases, the state may even foreclose on your home in order to get paid.

If you have a tax lien on your home, it is important to understand your rights and options. You should also be aware of the current laws regarding tax liens in Nebraska.

Under Nebraska law, a tax lien has priority over most other claims against your property. This means that if you try to sell your house, the state will likely get paid before you do.

However, there are some exceptions to this rule. For example, if you have a mortgage on your home, the lender will usually have priority over the tax lien. This means that if you sell your house, the proceeds will go towards paying off your mortgage first, and the state will only receive a payment if there is money left over.

If you are facing a tax lien on your home, it is important to seek the advice of a qualified attorney. An attorney can help you understand your rights and options, and they can also provide guidance on how to navigate the complex legal process.

The Tax Lien Process in Nebraska

When a property owner in Nebraska fails to pay their taxes, the county will place a tax lien on the property. This lien secures the payment of the taxes that are owed. In most cases, the county will auction off the property to recoup the money that is owed. However, a tax lien does not necessarily mean that the property will be sold at auction.

If you are facing a tax lien and are considering selling your property, there are a few things you should know. First, you should contact an experienced real estate attorney to learn about your options and rights. Second, you need to be aware of the timeline for the tax lien process in Nebraska.

The tax lien process in Nebraska typically starts with the county sending a notice to the property owner that taxes are owed. The property owner then has 30 days to pay the taxes. If the taxes are not paid, the county will place a lien on the property. After the lien is placed, the property owner has another 30 days to pay the taxes. If the taxes are still not paid, the county will proceed with auctioning off the property.

If you are considering selling your property while a tax lien is in place, there are a few things you need to keep in mind. First, you will need to find a buyer who is willing to purchase the home with unpaid property taxes. Second, you will need to negotiate with the county to pay off the tax lien before the sale of the property is finalized. Third, you should consult with an experienced real estate attorney to ensure that the sale of your property is handled correctly and that all of your rights are protected.

Selling a property with a tax lien in place can be a complex process, but it is not impossible. With the help of an experienced real estate attorney, you can navigate the process and sell your property.

Can I Sell My House With a Tax Lien Attached to It?

A bit of good news – you may be able to sell your house if you have a tax lien attached to it. In some states, the lien attaches to the property and not the owner, so you can still sell the property. The buyer would need to be aware of the lien and its status and would likely want to negotiate a lower purchase price because of it. In other states, the lien attaches to the owner, so you would need to pay off the debt before selling.

If you’re facing foreclosure because of delinquent taxes, you may still be able to sell your house and use the proceeds to pay off the debt. This is called a “short sale.” You’ll need to work with the lender to get approval, and you may have to pay a penalty for selling the property for less than what is owed.

Another option is to sell to a local “We buy houses in Nebraska” type of company. These companies will buy your house as-is, with the lien attached. You would be able to get a cash offer for your home and close in as little as 7-days.

Selling a house to pay off debt can be a difficult decision, but it may be the best option for you. A tax lien can make selling your property more complicated, but it is not impossible. You will need to find a buyer who is willing to purchase the property with the tax lien in place, and you will need to work with the county to pay off the tax lien before the sale of the property is finalized. With the help of an experienced real estate professional or one of the companies that buy houses in Lincoln, you can navigate the process and sell your property.

If you’re unable to sell your house or don’t want to go through the hassle, you can try to negotiate a payment plan with the IRS. They may be willing to work with you if you can show that you’re unable to pay the full amount owed. Or another option you can look into is refinancing your home.

If you have any questions about selling a house with a tax lien, you should speak to an experienced real estate attorney in your state. They can advise you of your rights and options under the law.

house with a tax lien for sale

Steps For Selling a House With a Tax Lien in Nebraska

The process for selling a house with a tax lien in Nebraska is similar to a traditional sale, but you’ll need to include clearing the tax lien. Here are the steps you’ll want to follow when selling a house with a tax lien in NE.

Step 1: Contact an experienced real estate attorney

Work with your attorney to determine the best way to sell your property, including whether to do a short sale or a traditional sale.

Step 2: Decide on a selling strategy

Once you’ve consulted with your attorney, you’ll need to decide on a selling strategy. Start by setting a competitive asking price if you’re doing a traditional sale with a realtor. If you’re doing a short sale, work with your lender to get approval and set an acceptable sales price. Finally, if you’ve decided to sell to cash home buyers in Omaha, you’ll just need to provide them with some basic information about your property, and they’ll make you a cash offer.

Step 3: Prep your house to sell

Once you’ve decided on a selling strategy, it’s time to start prepping your house to sell. This includes things like decluttering, deep cleaning, and making any necessary repairs. Fortunately, if you work with cash home buyers instead, you can sell your house as-is. So you won’t have to make any repairs or even clean your house before selling.

Step 4: Market your property

Now that your house is ready to show, it’s time to market your property. This can be done online or with traditional marketing techniques like yard signs and open houses. You probably should add a disclaimer that this property has a lien but that you’re working on getting a lien release.

Step 5: Negotiate with buyers and close the sale

Once you’ve found a buyer, it’s time to negotiate a sales price. If you’re doing a traditional sale, this is typically done through the real estate agent. If you’re doing a short sale, you’ll need to work with your lender to get approval for the sale. Once a sales price has been agreed upon, your house will go under contract.

Step 6: Buyer inspections and tax lien arrangements

The buyer will likely want to do an inspection of the property before finalizing the sale. During this part of the process, a title search is completed. This brings to light any state tax liens, federal tax liens, or mortgage lender claims on the property. 

You’ll also need to make arrangements to pay off the tax lien. The process of clearing a tax lien from a property can be done by either paying off the outstanding taxes owed with your home equity or by negotiating a payment plan with the IRS. Either way, you’ll need to get a certificate of discharge, showing there is no longer a claim on the home.

If the property is sold for less than the amount owed in taxes, the lien will remain on the property and must be paid off by the new owner before they can take ownership of the property.

Step 7: Sell your house with a tax lien attached

Assuming everything goes smoothly, you should be able to close on the sale of your house and pay off the tax lien. Congratulations on successfully selling your house!

Selling a house with a tax lien can be a complex process, but it is possible to do if you follow the steps laid out above. Be sure to consult with an experienced real estate attorney to ensure you are taking the best course of action for your unique situation.

Final Takeaways

When selling a house with a tax lien in Nebraska, it is important to be aware of the laws and what needs to be done in order to make the sale go through. By following the proper steps and being knowledgeable about the process, you can successfully sell your house even when there is a tax lien attached. Keep these tips in mind as you move forward with the sale of your property.

If you have any questions about selling a house with a property tax lien in Nebraska, or if you need help understanding the process, reach out to a real estate professional for guidance. They will be able to provide you with the resources and information you need to make the sale of your home as smooth as possible.

With the right help, selling a house with a tax lien in Nebraska can be a stress-free process. Be sure to do your research and work with a team of professionals to get the best results. With their expertise, you can confidently move forward with the sale of your property and achieve your real estate goals.

Element Homebuyers is one such company that understands the process of selling a house with a tax lien in Nebraska. We are here to help you through every step of the sale, from start to finish. Give us a call today to learn more about how we can help you sell your home fast, for cash, and without any hassle.

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